Risk Taking

Power and the Illusion of Control: Why Some Make the Impossible Possible and Others Fall Short

Power holders often seem misguided in their actions. Leaders and commanders of warring nations regularly underestimate the costs in time, money, and human lives required for bringing home a victory. CEOs of Fortune 500 companies routinely overestimate their capacity to turn mergers and acquisitions into huge profits, leading to financial More

Decisions, Decisions

The themed program “Risky Decision-Making Across the Lifespan” at the APS 19th Annual Convention included a symposium on everything from the neurological basis for decision-making to the wide-reaching societal implications of understanding how we make the myriad decisions we face everyday. Sage or Just Age? According to Ellen Peters, Decision More